Alkira Raises $100M in Series C Funding

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Alkira, a San Jose, CA-based on-demand network infrastructure as-a-service company, raised $100M in Series C funding.

The round, which brought the total amount to $176M, was led by Tiger Global Management, a leading global investment firm, with participation from Dallas Venture Capital, Geodesic Capital and NextEquity Partners, existing investors, including, Kleiner Perkins, Koch Disruptive Technologies and Sequoia Capital.

Led by CEO Amir Khan, Alkira provides an on-demand network infrastructure as-a-service which combines multiple clouds, sites, and users via an enterprise network built entirely in the cloud. It is managed using the same controls, policies, and security systems network administrators know, is available as a service, and can instantly scale as needed. There is no new hardware to deploy, no software to download, and no cloud architecture to learn. The solution is used by Fortune 100 enterprises, leading system integrators, and global managed service providers.

Commenting on the news, Amir Khan said: “We’re fortunate to have strong partners to help us meet that demand while we accelerate growth, explore exciting new opportunities, and continue delivering exceptional value to our customers. Our talented team is the engine behind Alkira’s success, and we’re deeply grateful for their hard work and dedication in getting us to this point.

FinSMEs

15/05/2024